News

Retigo UK writes it's success story in the UK 09.05.2022 Retigo UK writes it's success story in the UK A few years back, CzechTrade's London office was helping with the launch of Retigo's UK operation. Fast forward to this day and the company is a well established brand and its ovens are the beating heart of many top restaurants in the capita
United Kingdom United Kingdom
The Czech Republic's long-term credit rating outlook is dropping 09.05.2022 The Czech Republic's long-term credit rating outlook is dropping Fitch Ratings has confirmed the country's current AA- status but updated its long-term outlook from stable to negative.
U.S.A. U.S.A.
GZ Media will start production at new plant in USA 05.05.2022 GZ Media will start production at new plant in USA GZ Media to invest $13.3 million in Nashville record pressing plant and headquarters. The newly established subsidiary Nashville Record Pressing is expected to create 225 jobs over the next 5 years.
U.S.A. U.S.A.
05.05.2022 ČEZ Distribuce invested CZK 13.2bn in infrastructure In March 2022, ČEZ Distribuce completed the Robotization 2 project, thanks to which a significant part of the distribution system construction process was digitized.
United Arab Emirates United Arab Emirates
Mattoni to offer QR payments to restaurants with Qerko 05.05.2022 Mattoni to offer QR payments to restaurants with Qerko Mattoni 1873 will offer the Qerko service in hundreds of selected companies to which it supplies its products.
United Arab Emirates United Arab Emirates
05.05.2022 New CEI in PPF Mr.J. Šmejc becomes CEO at the biggest Czech private company PPF.
India India
DoDo raises CZK 1.5bn from investors for expansion 04.05.2022 DoDo raises CZK 1.5bn from investors for expansion The company wants to strengthen its presence in the business-critical DACH region, expand into southern Europe, and further strengthen its position in last-mile logistics in markets where it is already established
New Zealand New Zealand
Australia Australia
04.05.2022 Czech startup DoDo raises 1.5 bn CZK Startup company DoDo a raised its largest investment to date of CZK 1.5b.
India India
03.05.2022 Czech Ministry of Finance: budget balance fell Budget balance fell y/y to CZK 100bn. At the end of April 2022, the state budget ended with a deficit of CZK 100.1bn.
India India
ČNB: Corporate loan interest rate increases to 6.15% 03.05.2022 ČNB: Corporate loan interest rate increases to 6.15% The interest rate for overdrafts, revolving loans and credit card loans increased to 6.51%
Israel Israel